Brilliance China Automotive (BCAUF) Short Interest Ratio & Short Volume

Short interest is the volume of Brilliance China Automotive shares that have been sold short but have not yet been covered or closed out. As of October 15th, traders have sold 57,018,800 shares of BCAUF short. Learn More on Brilliance China Automotive's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. BCAUF shares currently have a short interest ratio of 47,516.0. Learn More on Brilliance China Automotive's short interest ratio.

Brilliance China Automotive saw a drop in short interest during the month of October. As of October 15th, there was short interest totaling 57,018,800 shares, a drop of 14.9% from the previous total of 66,978,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the industry of "automobiles and trucks" compare to Brilliance China Automotive: Ferrari (1.10%), Toyota Motor Co. (0.06%), Mercedes-Benz Group AG (0.14%), Stellantis (1.22%), Li Auto Inc. (2.59%), Magna International Inc. (2.73%), XPeng Inc. (4.29%), Rivian Automotive, Inc. (18.76%), Autoliv, Inc. (2.00%), ZEEKR Intelligent Technology Holding Limited (0.62%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

Short selling BCAUF is an investing strategy that aims to generate trading profit from Brilliance China Automotive as its price is falling. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Brilliance China Automotive occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of BCAUF, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including BCAUF, twice per month. The most recent reporting period available is October, 15 2024.